Unable to repay the bank loan is handled as follows: 1. If the money owed to the bank is unable to repay, you can take the initiative to negotiate with creditors to extend the loan period; 2, or installment payment to ease the financial pressure. The borrower may apply to the lender for extension before the repayment period expires. If the lender agrees, it can be extended. What will happen if you don't repay the loan debt? The consequences of not repaying the loan debt are: 1, bearing overdue interest; 2. Lender; 3. Those who still don't repay after the judgment will be included in the list of dishonesty and limit high consumption. Legal basis: Article 678 of the Civil Code of People's Republic of China (PRC), the borrower can apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended. Article 680 usury is prohibited and the loan interest rate shall not violate the relevant provisions of the state. If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest. If the loan contract does not specify the payment method of interest, and the parties cannot reach a supplementary agreement, the interest shall be determined according to the local or the parties' trading methods, trading habits, market interest rates and other factors; Loans between natural persons are regarded as interest-free.

Second, what should I do if I can't repay the bank loan?

The inability to repay bank loans is handled in the following ways:

1. No obligee negotiates the money owed to the bank, and the loan period is extended;

2. Or pay in installments and apply to the lender for an extension before the expiration of the term to ease the financial pressure.

What will happen if you don't pay off the loan debt?

The consequences of not repaying the loan debt are:

1, bear overdue interest;

2. Lender;

3. If the loan is not repaid after the judgment, it is classified as consumption.

Legal basis: Article 678 of the Civil Code of People's Republic of China (PRC).

The borrower may apply to the lender for extension before the repayment period expires; If the lender agrees, it can be extended.

Article six hundred and eighty

It is forbidden to lend at high interest rate, and the lending rate shall not violate the relevant provisions of the state.

If there is no agreement on the payment of interest in the loan contract, it shall be deemed that there is no interest.

If the payment method of interest is not specified in the loan contract and the parties cannot reach a supplementary agreement, the interest shall be determined according to factors such as the method, trading habits and market interest rate; Loans between natural persons are regarded as interest-free.

I am seriously ill and unable to work. What if I can't repay the bank loan?

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answer

If it is really unable to repay, it shall negotiate with the credit company to extend the repayment period or repay it in installments. 2. If the credit company fails to perform the judgment within the performance period after winning the case, it will apply for enforcement. 3. When compulsory execution is accepted, the lender's property, vehicles, securities and deposits will be inquired according to law. 4. If the lender has no property to enforce, refuses to perform the effective judgment, overdue repayment and other negative information will be recorded in the personal credit report, and will be restricted from high consumption and entry and exit, and may even be punished by judicial custody. 5. Consequences of refusing to execute a judgment or ruling and not repaying a bank loan when it is able to repay it: Article 313 of the Criminal Law commits the crime of refusing to execute a judgment or ruling of a people's court, and if the circumstances are serious, he shall be sentenced to fixed-term imprisonment of not more than three years, criminal detention or a fine. 1. The bank loan officer will keep calling the company for dunning; 2. The loan will be deducted; 3. The bank will safeguard its rights and interests through legal procedures, including auctioning collateral or enterprise assets and recovering the joint liability of the guarantor; 4. Loans from other financial institutions will not be available, and there will be bad records in the personal credit information system. If it is not returned, the record will be kept. If it has been returned, the bad record will be cancelled after five years. Take the loan if you don't pay it back, not the victim, but the family.

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